European defence stocks cool as investors reassess war winners - Reuters

<a href="https://news.google.com/rss/articles/CBMivwFBVV95cUxQcXVYbzdyYWFZSUZtVGZhS1Bla0NYczJYUXhnQjFic3llODZ0UDA4QkRObGJxbGRkMklDZ1FlcHBjQnZoUmJwX1VsX3lyYWxJM08tVWVobGFscUFrYjhCRmJpbXVXQTJqYmVpUC11SVNjVWFMd1ZlWVZkaFUxQXJPb1dseDRUaEdXRjZOeVdHNlgxeVMyN3hMQTdScERTVVBoSnhsZVFuNEMxOHJDRmxYYlBrUV9xdXdBSGhwUGRGbw?oc=5" target="_blank">European defence stocks cool as investors reassess war winners</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Investors have cooled on European defence stocks as profit taking and stretched valuations collide with growing uncertainty over the future of warfare, with the Iran conflict again highlighting the effectiveness of low-cost drones.

European defence equities have cooled sharply in March, with MSCI’s Europe Aerospace & Defence Index plunging 9.2%—its worst monthly drop in five years—as investors trim stretched positions amid doubts over future warfare dynamics and valuation pressures.

Investors have cooled on European defence stocks as profit taking and stretched valuations collide with growing uncertainty over the future of warfare, with the Iran conflict again highlighting the effectiveness of low-cost drones.

European defence stocks have cooled sharply in March, with MSCI’s Europe Aerospace & Defence Index plunging 9.2%—its worst monthly drop in five years—as investors trim stretched positions amid doubts over future warfare dynamics and valuation pressures.

Investors have cooled on European defence stocks as profit taking and stretched valuations collide with growing uncertainty over the future of warfare, with the Iran conflict again highlighting the effectiveness of low-cost drones.

Investors are set to pour more money into defence, energy and technology stocks as the Middle East war forces governments to prioritise security and become more self reliant.